Northrop Grumman is a prominent American multinational aerospace and defense technology company with a rich history and significant contributions across various domains.
1. Industry Leader: Northrop Grumman ranks among the world's largest weapons manufacturers and military technology providers, boasting over 95,000 employees and an annual revenue exceeding $30...
This handcrafted idea using Advanced Fibonacci Tools beholds 6 of the largest War Mongering "Defence" contractors.
( Raytheon, Boeing, Lockheed Martin, Northrop Grumman, General Dynamics, L3 Harris Tech )
These Fibonacci Schematics show all price manipulation of Support and Resistance. I've started the timeline at 1999 for many reasons. One being the already...
We’re in a seasonally strong time of the year for the defense sector. NYSE:NOC NOC tends to perform well in the first half of the year. It recently hit its first target in this measured range from the breakout of a descending wedge. A move to ~495 would align to the full range and match the seasonal performance in Jan/Feb.
Companies in the defense sector...
Defense stocks were mixed early Thursday as Northrop Grumman (NOC) announced quarterly results. General Dynamics (GD) reported above-forecast third-quarter results Wednesday. RTX stock spiked on Tuesday after a Q3 earnings beat.
Rapidly evolving circumstances in Israel and Palestine sparked greater interest in defense companies going into the earnings season....
War in the middle east you say? yeah, this is thousands of years old no news here, go back to your regularly scheduled program. NOC and others are way overbought here and due a correction. I would expect a retest of $462 but first $473in coming days
The PEAD projected a bullish outlook for NYSE:NOC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
Large rectangle noted with price inside an Ascending Triangle right now.
Both patterns are neutral until broken. The targets are for the rectangle. In order for the triangle to reach full targets, it would need to clear the resistance line of the Rectangle.
No recommendation.
Based on the previous uptrend movement that has been made in the previous14 years, it seems that the massive trend has been weakened and due to the breaking the trendline i think it's time to make a sell/short position. maybe befor the big drop we would see a short term of upward trend and this is making a better chance to make a short position.
stoploss of the...
The PEAD projected a bullish outlook for NYSE:NOC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
The War on Terror: A Cash Infusion: "The global War on Terror" Massive air quotes , initiated in 2001 following the 9/11 terrorist attacks, led to a substantial surge in defense spending, especially by the U.S. This created an economic windfall for defense companies, fuelling their research and development initiatives.
Black Budget Projects: Part...
Company: Northrop Grumman
Ticker: NOC
Exchange: NYSE
Sector: Defense
Introduction:
Hello, and thank you for reading this analysis. Today, we focus on Northrop Grumman (NOC) on the NYSE. The weekly chart shows a potentially significant head and shoulders pattern that deserves our attention.
Head and Shoulders Pattern:
The head and shoulders pattern is a...
NYSE:NOC reports on Thursday. It's still 15% off of its ATH. It's been in an uptrend and putting in HL and HH's this year. They beat on revenue and EPS last quarter. There have been a lot of down revisions to estimates, while NOC has a strong history of beating estimates.
I'm setting up for a short term trade that assumes a beat. Entry at $472. Targeting...
NOC is on watch for a techncial retrace to resistance and an important daily gap.
With earnings approaching we may see the larger trend take place. The chart is looking vulnerable to more downside.
A rally back to resistance will be a better risk to reward setup.
The PEAD projected a Bullish outlook for $NOC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 71.43%.
NOC is one of the best performing large cap investments of the last decade but has gotten expensive with a PE (fwd) of 21.45x.
Despite the optically rich valuation, worries over limited returns in future are not warranted as the business is positioned to continue growing revenues and earnings.
NOC is investing in future growth by doubling down its investments in...
